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Building and Using Models

Building and Using Models

“Building and Using Models” Note: Online students, please select one of the two subjects to discuss.

Imagine that you are a business manager for a mid-sized company. Propose one (1) overall strategy to build an effective business model in order to both monitor/control changes in the business process and predict future business performance for your company. Provide a rationale (e.g., verification process) for your response.
Per the textbook, in order to understand the causal relationship in the business process, the manager often asks whys to drill down the root cause of failures. Select one (1) project from your working or educational environment and propose at least three (3) why questions that you would ask in order to identify the root cause of the problem. Justify your responses.

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